Delta Q1 cargo revenue down 28%

Delta closed Q1 with an operating revenue of $12.8 billion, operating loss of $277 million and an operating margin of (2.2) percent.

Delta is building momentum with the best people in the industry generating nearly $5 billion of operating profit over the last twelve months: CEO Ed Bastian

With record advance bookings for the summer, we expect June quarter revenue to be 15 to 17 percent higher on capacity growth of 17 percent year over year: President Glen Hauenstein

We remain confident in our ability to deliver unit cost declines in the second half of 2023, while generating industry-leading operating margins of 10-12 percent for the full year: CFO Dan Janki

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